--- title: "HSN Code for Of Vegetable Materials | Of Rattan | HSN 46021200 GST Rate" description: "Find HSN and GST Rates for 46021200 related to Of Vegetable Materials | Of Rattan with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-46021200/" --- # HSN Code 46021200: Of Vegetable Materials | Of Rattan - [Section 09: Guide to HSN Section 09](https://busy.in/hsn/section-09/) - [Chapter 46: Manufactures of Straw, Plaiting Materials and Basketware](https://busy.in/hsn/chapter-46/) - [Sub-chapter 4602: Basketwork & Wickerwork](https://busy.in/hsn/sub-chapter-4602/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Of vegetable materials : Of rattan | 2.5% | 2.5% | 5% | 0% | ## Frequently asked questions ### What products are classified under HSN 46021200 ? It includes Palm leaf baskets ### Can we claim ITC on inputs used to trade Of Vegetable Materials / Of Rattan? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### How much GST applies to Of Vegetable Materials / Of Rattan? Under HSN 46021200, Of Vegetable Materials / Of Rattan attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### How should mixed supplies be billed when Of Vegetable Materials / Of Rattan is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Of Vegetable Materials / Of Rattan; Nil for exempt items if applicable). ### Does packaging or labelling change the GST for Of Vegetable Materials / Of Rattan? For food/agri items, GST can be 5% when not fresh/chilled and sold as pre‑packaged & labelled; otherwise often Nil. For non‑food items, rates depend on the specific sub‑heading. ### Any common misclassification issue with Of Vegetable Materials / Of Rattan? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ## India's trade performance: HSN Code 46021200 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹4 Cr (−29.88% YoY) — 0.0001% of India's total exports - Imports: ₹8 Cr (+25.12% YoY) — 0.0001% of India's total imports - Trade balance: −₹4 Cr (Deficit); surplus rank #8487 of 12657 HSN codes - Share of Sub-Chapter 4602: 1.45% of its exports; import side 22.08% - Rank within Sub-Chapter 4602: #5 of 9 by export value; import-side #2 ### Key metrics - Export CAGR: 59.26% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #7003 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +325.45% in FY 2021-22 - Contribution to Sub-Ch. 4602: 1.45% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 46021200 7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB. | FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 4602 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 4602 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | < ₹1 Crore | 0.0000% | — | 0.20% | 1.21 | 0.0000% | — | 5.98% | −0.99 | #8751 | | FY 2019-20 | < ₹1 Crore | 0.0000% | +95.45% | 0.28% | 1.31 | 0.0000% | +8.26% | 5.11% | −0.88 | #8308 | | FY 2020-21 | < ₹1 Crore | 0.0000% | +27.91% | 0.50% | < ₹1 Crore | 0.0000% | −49.62% | 4.63% | −0.11 | #8164 | | FY 2021-22 | 2.34 | 0.0001% | +325.45% | 1.40% | 3.54 | 0.0001% | +436.36% | 13.95% | −1.20 | #7162 | | FY 2022-23 | 2.06 | 0.0001% | −11.97% | 0.97% | 3.19 | 0.0001% | −9.89% | 12.72% | −1.13 | #7407 | | FY 2023-24 | 5.12 | 0.0001% | +148.54% | 2.06% | 6.01 | 0.0001% | +88.40% | 18.14% | −0.89 | #6553 | | FY 2024-25 | 3.59 | 0.0001% | −29.88% | 1.45% | 7.52 | 0.0001% | +25.12% | 22.08% | −3.93 | #7003 | - CAGR (7-year): exports 59.26%/yr, imports 35.59%/yr (consistently Deficit) ## Key trade insights: HSN Code 46021200 export-import analysis ### Consistent export growth: 59.26% CAGR over 7 years India's exports under HSN Code 46021200 have grown at a compound annual rate of 59.26% over 7 fiscal years, rising from ₹0.22 Crore in FY 2018-19 to ₹3.59 Crore in FY 2024-25. ### HSN Code 46021200 ranked #7003 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 46021200 ranks #7003 out of 12657 HSN codes by total export value. Within Sub-Chapter 4602, it ranks #5 of 9. By trade surplus, it ranks #8487 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 46021200 exports The strongest single-year export movement for HSN Code 46021200 was recorded in FY 2021-22, when exports surged by 325.45% over the prior year. ### India records a trade deficit of ₹3.93 Crore in HSN Code 46021200 goods In FY 2024-25, India's imports of ₹7.52 Cr exceeded exports of ₹3.59 Cr, resulting in a trade deficit of ₹3.93 Crore — ranking #8487 of 12657 by surplus magnitude. ### Import growth of 35.59% CAGR signals rising demand for Of Vegetable Materials | Of Rattan India's imports under HSN Code 46021200 have grown at 35.59% CAGR, reaching ₹7.52 Crore in FY 2024-25. ### HSN Code 46021200 contributes 1.45% of Sub-Chapter 4602 exports — ranked #5 Among the 9 HSN codes under Sub-Chapter 4602, HSN Code 46021200 ranks #5 by export value — accounting for 1.45% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 22.08% share (rank #2). ## Related HSN Codes in Sub-Chapter 4602 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 46021990: Of Vegetable Materials \| Other](https://busy.in/hsn/hsn-46021990/) | ₹121 Cr | | #2 | [HSN Code 46021919: Palm leaves products](https://busy.in/hsn/hsn-46021919/) | ₹105 Cr | | #3 | [HSN Code 46021911: Palm leaf baskets](https://busy.in/hsn/hsn-46021911/) | ₹10 Cr | | #4 | [HSN Code 46029000: Of Vegetable Materials \| Other](https://busy.in/hsn/hsn-46029000/) | ₹6 Cr | | #5 | HSN Code 46021200: Of Vegetable Materials \| Of Rattan (this hsn code) | ₹4 Cr | | #6 | [HSN Code 46021100: Of Vegetable Materials \| Of Bamboo](https://busy.in/hsn/hsn-46021100/) | ₹3 Cr | | — | [HSN Code 46021011: Other Palm Leaf Articles](https://busy.in/hsn/hsn-46021011/) | — | | — | [HSN Code 46021019: Other Vegetable Plaiting Articles](https://busy.in/hsn/hsn-46021019/) | — | | — | [HSN Code 46021090: Carbonizing Base Paper](https://busy.in/hsn/hsn-46021090/) | — |